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Which of the following statements about the back simulation approach for estimating market risk is FALSE? Select one: A. Past observations become decreasingly relevant in
Which of the following statements about the back simulation approach for estimating market risk is FALSE? Select one: A. Past observations become decreasingly relevant in predicting VaR in the future. B. Calculations are simple C. There is no need to assume a symmetric (normal) distribution for all asset returns. D. More observations are synthetically generated to improve the reliably of estimates E. there is no need to calculate the correlations of asset returns
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